IndiGo: Welcome competition; good time to expand our network

As the Indian aviation sector undergoes a churn, with a privately-owned Air India and new players like Akasa Air potentially mounting a challenge to market leader IndiGo, the carrier’s new chief executive Pieter Elbers said that competition in the country’s aviation market is a “good thing” for consumers as it creates higher access to the market.

Air India recently announced a plan to raise its market share to at least 30 per cent in the domestic market over the next five years. Last month, Air India had a domestic market share of 8.5 per cent, while IndiGo’s was 57.5 per cent, according to data released by the Directorate General of Civil Aviation (DGCA).